“Could be well that the US has seen the worst of the economic fallout from the coronavirus crisis,” St. Louis Federal Reserve President James Bullard said on Wednesday. Additional takeaways “Reopening and adaptation are occurring among businesses, will play out over the next 120 days.” “I doubt that yield curve control would have much impact at this point with long-term interest rates so low.” “I favour forward guidance based on state of the economy, not calendar.” “The Fed credibility is helping keep inflation expectations anchored, feels inflation target will be achieved in medium-term.” “I feel confident aggressive health response, public awareness, will mute risks of a second wave of coronavirus infections.” Market reaction The US Dollar Index paid little to no mind to these comments and remains on track to end the day with small gains above 99.00. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold picks up as market sentiment sours FX Street 3 years "Could be well that the US has seen the worst of the economic fallout from the coronavirus crisis," St. Louis Federal Reserve President James Bullard said on Wednesday. Additional takeaways "Reopening and adaptation are occurring among businesses, will play out over the next 120 days." "I doubt that yield curve control would have much impact at this point with long-term interest rates so low." "I favour forward guidance based on state of the economy, not calendar." "The Fed credibility is helping keep inflation expectations anchored, feels inflation target will be achieved in medium-term." "I feel confident aggressive health response, public awareness, will mute risks… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
